What is Kymeta?
Headquartered in Redmond, Washington, Kymeta is a leader in the satellite communications sector, specifically addressing the demand for high-throughput, low-power connectivity on-the-move. By integrating satellite and cellular networks, the company provides turnkey solutions for vessels, aircraft, and land-based vehicles. Kymeta's unique value proposition lies in its flat-panel antenna, which operates without moving parts, offering a durable and efficient alternative to traditional mechanical systems. The company's technology is protected by an extensive portfolio of U.S. and international patents, positioning it as a critical infrastructure provider for global mobile connectivity.
How much funding has Kymeta raised?
Kymeta has raised a total of $490.4M across 9 funding rounds:
Unspecified
$12M
Series C
$50M
Unspecified
$20M
Series D
$62M
Private Equity
$73.6M
Series E
$73.6M
Unspecified
$85.2M
Private Equity
$30M
Private Equity
$84M
Unspecified (2012): $12M with participation from Bill & Melinda Gates Foundation, Lux Capital, and Liberty Global
Series C (2013): $50M led by Lux Capital, Bill Gates, Osage University Partners, Liberty Global Ventures, and Kresge Foundation
Unspecified (2014): $20M supported by Lux Capital
Series D (2016): $62M featuring Osage University Partners, Lux Capital, and Kresge Foundation
Private Equity (2017): $73.6M backed by Intelsat US
Series E (2017): $73.6M with participation from Tectonic Ventures, Intelsat US, and Mirai Creation Fund
Unspecified (2020): $85.2M led by Bill Gates
Private Equity (2020): $30M supported by Hanwha Systems Co. Ltd
Private Equity (2022): $84M featuring Bill's Gates and Hanwha Systems
Key Investors in Kymeta
Lux Capital
A New York-based venture capital firm that invests in early-stage and growth-stage companies at the intersection of science and technology, focusing on frontier areas like space and robotics.
Bill Gates
A prominent investor and philanthropist who provides strategic capital to innovative ventures aimed at solving complex global challenges through technological advancement.
Hanwha Systems
A South Korean technology firm specializing in advanced defense and communications systems, providing critical industrial expertise and capital to high-growth infrastructure projects.
What's next for Kymeta?
With the recent $84M injection, Kymeta is well-positioned to scale its operations and expand its footprint in the enterprise and defense sectors. The company's strategic focus remains on enhancing its hybrid network capabilities and optimizing its manufacturing processes to meet the increasing demand for seamless, global mobile broadband. As Kymeta continues to refine its turnkey solutions, the firm is expected to leverage its strong investor backing to solidify its market leadership and drive further innovation in the satellite-cellular convergence space.
See full Kymeta company page
